Editorial

Digital Identity: Global Roundup

Digital identity news from around the world

Posted 12 September 2022 by Christine Horton


Nigeria

Identity verification and e-KYC technology company, VerifyMe Nigeria, has launched QoreID, a digital identity, and analytics solution for businesses.

According to the company, QoreID will provide API infrastructure and data services that connect businesses to people and their information across Africa.

Targeted at the medium and enterprise business segment, it provides a suite of secure verification and authentication solutions that connect businesses to trusted identities and consumer analytics such as alternative credit scoring for the unbanked.

Italy

Italy made huge progress in adoption of digital identity in 2021, according to research published by Digital Identity Observatory at the School of Management of Milan Polytechnic University.

By October 2021, 43 percent of Italian citizens were in possession of a digital identity, up from 22 percent in October 2020. The Italian adoption rate is in a similar range with France (45 percent) and Belgium (46 percent) and ahead of adoption rates in German-speaking countries.

The highest adoption rate for digital identity among citizens in Europe was recorded in The Netherlands (95 percent), Sweden (83 percent) and Norway (79 percent).

Italy’s success in digital identity adoption is primarily based on its Public Digital Identity System (Sistema Pubblico di Identità Digitale, SPID). The national system is enabling Italian citizens, persons with permanent residence permit and Italian businesses to access public administration services online.

Finland

Finland’s finance ministry has drafted legislation for a national digital ID programme set to be presented to parliament this autumn.

The legislation would allow Finnish citizens to prove their identity via mobile app both online and in person. Uses for the new digital ID system would range from collecting parcels to accessing e-government services.

The legislation includes a second digital ID system for foreign nationals travelling to Finland, which aims to address the country’s talent gap by making it easier for government to process those seeking work in the country. It was developed following concerns raised by Mika Lintilä, the minister of economic affairs, about a shortage of talent in several sectors of the economy.

Finland is one of eight countries in the Digital Government Exchange Digital Identity Working Group, launched earlier this year, which also comprises Australia, Canada, Israel, New Zealand, Singapore, the Netherlands, and the United Kingdom. The group has drafted a set of high-level principles to support mutually recognised and interoperable digital ID systems and infrastructure.

United States

Know-your-customer (KYC) firm Alloy has raised $52 million as a part of its Series C funding led by Lightspeed Venture Partners and Avenir Growth, with participation by existing investors Canapi Ventures, Bessemer Venture Partners, Avid Ventures, and Felicis Ventures.

According to the company’s CEO and co-founder, Tommy Nicholas, Alloy will use the funding to help more banks and fintech companies worldwide manage their compliance and fraud risk.

The fresh funds, which bring Alloy’s Series C round to $152 million and the firm’s total funding amount to $207.8 million, come months after the KYC firm entered two separate partnerships with Veriff and Prove, both of which aimed at enhancing Alloy’s technological capabilities.

United Kingdom

Digital identity specialist GB Group (GBG) could be set for a £1.3 billion takeover by US private equity fund GTCR.

The Chicago-based group has confirmed it is interested in acquiring GB Group, which is listed on the London Stock Exchange. “In response to the recent press speculation regarding GB Group plc, GTCR LLC, on behalf of certain of its affiliated funds, confirms that it is currently considering a possible cash offer for the company,” a GTCR statement said.

“There can be no certainty that any firm offer will be made, nor as to the terms on which any firm offer might be made. A further announcement will be made as and when appropriate.”

Now that talks have commenced, GTCR has until October 4 to make an offer for GBG.

Norway

Digital agreements security company OneSpan is expanding its OneSpan Cloud Authentication service with BankID to provide security and meet compliance standards within Norwegian critical national infrastructure.

Issued through more than 90 banks and 9,000 merchants, including tax authorities, real estate agents, and education institutions, BankID is the most widely-used personal e-ID that provides secure and simple identity authentication and digital signing in Norway. Today, more than four million Norwegians use BankID daily to do their banking, shop online or access vital public digital services.

Sri Lanka

Sri Lanka is making birth certificates digital ID documents. At the same time, it is testing the consolidation of birth certificates with national identity accounts.

Sri Lankan officials last month announced a pilot project that would include the national identity account with birth certificates. The Registration of Person’s Department and the Registrar General will share their relevant databases online. The most immediate result will be one ID number instead of two.

Children will have only a birth certificate until they reach 15, at which point, they can request a national ID card, which will have essential data synced between the two forms of ID.

Now, legislators say they are digitizing birth certificates. To start, only children born on or after August 1 will be assigned a digital certificate.

United States

US-biased financial compliance platform Kompliant has selected authID’s biometric authentication for secure merchant onboarding.

Kompliant, which works with payment processors and sponsor banks, will integrate authID’s biometric authentication platform Verified to stop identity fraud and automate digital onboarding for its customers. It will deploy authID’s identity authentication solution to streamline and secure online merchant application processing and transaction monitoring.

According to Kompliant, the integration with authID’s Verified solution will enable it to deliver biometric identity authentication during digital onboarding for its clients, including quick mobile identity document capture and validation, liveness confirmation and presentation attack detection, and facial biometric matching of a selfie to the credential photo.

New Zealand

The Transport Agency is looking at introducing a digital driver’s licence people would keep on their phones.

This is likely to require changes to both the law and a rule that prescribes the form and format licences must take, and when they have to be surrendered.

Waka Kotahi said in an Official Information Act response it has a team looking at legislative and operational fixes.

It was “at a very early stage”, chief digital officer Liz Maguire said.